Boomer Career Advice That Doesn't Work Anymore!

Summary

In this video, the author of 'Living on Almost Nothing', Prepper Princess, critiques outdated Boomer career advice that no longer applies in today's job market. She argues that college is not a guaranteed path to success, starting at the bottom doesn't ensure upward mobility, company loyalty is often unrewarded, pensions are rare and unreliable, and hard work is not always rewarded. With personal anecdotes and statistics, she highlights the harsh realities of modern employment and encourages viewers to reassess traditional career strategies.

Takeaways

• 📚 College is no longer a guaranteed path to success; it's only beneficial for specific degrees like medicine, nursing, or dentistry.
• 🔄 The idea of starting at the bottom and working your way up is outdated; employers may not promote you despite your performance due to cost concerns.
• 💼 Loyalty to a single company doesn't ensure job security or advancement; employees can be let go at any time.
• 💡 Job-hopping can sometimes lead to better pay and opportunities than staying with one company for an extended period.
• 💰 The reliance on pensions is risky; only 15% of jobs offer them, and even then, they can be lost due to company mismanagement or insolvency.
• 🏆 Hard work does not always pay off; being the best at your job can sometimes lead to more work but not necessarily better pay or promotion.
• 🚫 The workplace has changed, and traditional advice like 'hard work pays off' no longer applies, leading to frustration and disillusionment among workers.
• 📉 The job market and career advice must adapt to modern conditions; what worked in the past may not be applicable today.
• 🤔 There's a growing awareness of the disconnect between employee expectations and workplace realities, leading to a reevaluation of career choices and paths.
• 💼 The script suggests that workers should be more strategic about their career choices, considering factors like job security, advancement opportunities, and fair compensation.
• 👥 The video emphasizes the importance of understanding the current job market and the need for individuals to advocate for themselves in their careers.

Q & A

What is the main topic of the video by Prepper Princess?

The main topic of the video is discussing outdated Boomer career advice that is no longer applicable in the current job market.

Why does Prepper Princess believe that college is no longer the way to success for everyone?

Prepper Princess argues that college is not the way to success because it is expensive, and many people either drop out or end up in jobs unrelated to their field of study.

What percentage of college attendees does Prepper Princess mention as not completing their degrees?

Prepper Princess states that 40% of people who go to college drop out without obtaining a degree.

According to the video, what percentage of college graduates get a job in their field of study?

Only 46% of the 60% who complete their degrees get a job remotely related to their field of study.

What is the second piece of Boomer career advice that Prepper Princess criticizes?

The second piece of advice criticized is the idea of starting at the bottom and working your way up, which Prepper Princess believes is no longer feasible.

Why does Prepper Princess say that working hard does not necessarily pay off in today's workplace?

Prepper Princess explains that working hard can lead to more work but not necessarily to promotions or higher pay, as companies may not value or reward hard work as expected.

What is Prepper Princess' opinion on the reliability of company pensions?

Prepper Princess believes that pensions are not reliable, as only 15% of jobs offer them, and she shares stories of people who lost their pensions due to company decisions or mismanagement.

What advice does Prepper Princess give regarding job loyalty and staying with one company?

Prepper Princess advises against job loyalty, stating that staying with one company does not guarantee care or advancement, and job-hopping can sometimes lead to better pay.

What is the term used in the video for employees who do the bare minimum required in their job?

The term used is 'quiet quitting,' which refers to employees who do not go above and beyond but still fulfill their job requirements.

How does Prepper Princess feel about the idea that hard work is rewarded with more work?

Prepper Princess is critical of this idea, sharing her personal experience where hard work led to more demanding tasks but not necessarily to better job positions or pay raises.

What is the general sentiment of the video regarding the current state of the job market and workplace expectations?

The video expresses frustration with the current job market, where traditional advice does not apply, and hard work and loyalty are not always rewarded as expected.